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December 11, 2024

ANZ Advises Selling AUD/CAD with Targets at 0.86

ANZ has issued a recommendation to sell the AUD/CAD currency pair, targeting a decline to 0.86. Analysts believe the Australian Dollar’s sensitivity to risk sentiment combined with current market conditions positions this strategy favorably.

While the Canadian Dollar’s narrative has largely been priced in, market players watch closely for developments that might influence trading decisions.

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